By yahoo.com on May 18, 2022
Loopring (LRC-USD) is a zero-knowledge rollup (ZK-rollup), which is a Layer 2 scalability solution for the Ethereum (ETH-USD) network. It was one of the most discussed cryptocurrencies in late 2021. However, it has since steadily declined in both value and popularity. Having said that, LRC can still be very profitable in the long term due to the scalability it adds to the Ethereum network. As more people use Ethereum, the fees will also become more expensive. Thus, Layer 2 solutions such as Loop
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